April 24, 2014
Cable flows: Bids at 1.6760, stops below.
Flows and OrdersFXWW NewsGBP crosses
There were large stops reported yesterday below 1.6760 but interestingly the overnight low was…
April 24, 2014
NZD/USD: Next technical resistance at .8647
Technical AnalysisFXWW NewsAUD,NZD
There is a 50% retracement level and an hourly high coming in at the same level.
April 24, 2014
Latest from WestPac on RBNZ statement
Once again, thanks to our hedge fund insider in the FXWW chatroom for posting the following…
April 24, 2014
Levels to watch in the NZD crosses this morning
The NZD is still bouncing around after the RBNZ but the short-term bulls seem to have the upper…
April 24, 2014
NZD pops up 25 pips after RBNZ decision and statement
As expected change in the base rate to 3.00% and the comment that inflationary pressures are…
April 23, 2014
EUR/GBP still tracking higher post-BOE
The aforementioned stops above .8230 were easy pickings after the Monetary Policy Committee of the…
April 23, 2014
EUR/USD: Totally at mercy of the crosses
I do not expect EUR/USD to move too far away from current levels over coming sessions. All the…
April 23, 2014
USD/CAD M&A activity
Our hedge fund insider posted this in the FXWW chat-room on Reuters: We should keep an eye on this…
April 23, 2014
EUR/GBP: Moving higher in early European trade
Most of the market's focus has been on the crosses in recent weeks and today is no exception. The…
April 23, 2014
AUD/USD still hunting stops below .9290
Flows and OrdersFXWW NewsAUD,NZD
The AUD is in sharp reverse across all the crosses and the stop-losses reported earlier in the…
April 23, 2014
EUR/AUD techs: Struggling to break back above the 200-dma
Since breaking below the 200-dma 3 weeks ago, EUR/AUD has been unable to break back above it. This…
April 23, 2014
AUD under pressure after CPI data
Stops in the AUD/USD below .9350 have been triggered after lower than expected CPI data. Look for…
April 23, 2014
Australian CPI and Chinese PMI on today’s agenda
Absolutely nothing happened overnight so we must hope that the twin risk events of Australian CPI…
April 22, 2014
AUD/USD: Edging higher on back of real money demand
Flows and OrdersFXWW NewsAUD,NZD
The AUD/USD opened this morning around .9330 and has edged slowly higher on the back of demand from…
April 22, 2014
AUD/USD: Watch for stops below .9300
Overall I'm still very bullish on the AUD/USD but a quick look at the charts suggests to me that…
April 22, 2014
USD/JPY: More sideways trading likely with medium-term bull trend still intact
USD/JPY has been going sideways for the last 3 months and I see no reason for this to change just…
April 22, 2014
EUR/GBP: Looking to build on short position between .8180/.8280
I'm quite bearish on this cross but as we know it can trade sideways for weeks on end before going…
April 22, 2014
Modest moves in crosses but market basically unchanged after long weekend
There has been very little movement in the FX market over the last 4 days with only some modest…